Word: absorbable
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Dates: during 1970-1979
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These were more excuses than reasons. Behind them remains the fundamental problem: the U.S., by spending more abroad than it earns, is spilling out dollars faster than foreigners can absorb them. The measure of that outflow is the nation's trade balance, and it has been deteriorating. Last week the Commerce Department announced that during January the U.S. imported $2.38 billion more than it exported. That was the biggest monthly deficit since last October and more than 40% larger than the January 1977 figure...
...clients through his enterprising use of the deductions allowed by Danish law on debt interest. Essentially, he set up a string of 2,716 dummy firms for his clients-bearing such mock names as the Lyngby Umbrella Rental Co. and the RXPQY-240 Co. These paper enterprises could then absorb the paper debts of Glistrup's clientele and pay income taxes at half the rate charged to private persons. Glistrup split the savings with his clients, who were able to enter less punishing tax brackets. In some cases, they managed to avoid paying taxes altogether, just like Glistrup...
...fast hands, but not fast feet. Rocky was a bit of a plodder." Joe Frazier, who ought to know, credits Ali's savvy: "He knows how to psych most of his men out." Veteran Manager Gil Clancy pays homage to the post-exile Ali's distinguishing characteristic: "He can absorb a punch better than any fighter who ever lived." Still, there is a tendency among the experts to say the best fighter probably was Louis, the man with the fast and powerful hands. But Ali had something else that put him in a class apart, a personal flair that, coupled...
Ironically, the industry's prodigious ability to produce the chips is also its Achilles' heel; the danger that chip makers could eventually produce far more and far more powerful chips than the market can absorb is real. By 1985, according to C. Lester Hogan, vice chairman of Fairchild Camera & Instrument Corp., it will be feasible to build a pocket calculator "that will be more powerful than, and almost as fast as," the $9 million Cray-1, built by Cray Research Inc. in Chippewa Falls, Wis., and recognized as the mightiest computer in the world...
...protector and breadwinner, woman as mother and comforter of men. Marriage and childbearing are "national priorities" that produce social prejudices against the widow and the unmarried woman. "To be single," writes Hazleton, "is considered the greatest misfortune that can befall an Israeli woman." In primary schools, she says, youngsters absorb "a shocking degree of sex stereotyping" that takes its toll on Israeli females. One kibbutz psychologist finds that girls are consistently more moody, tense, tired and anxious than boys...